Vernon Building Society giving away £10,000 through Jubilee Fund

By Paul Harrison on Jun 28, 2017

The £10,000 Vernon Jubilee Fund is open for applications from community groups and charities.
The Fund – set up by the Vernon Building Society in the Queen’s Jubilee year – has handed out more than £50,000 to community groups and charities since 2012.

The Vernon is looking for applications from groups that can demonstrate that the funding will make a difference in their area and provide a lasting benefit to their community.

PHOTO – The groups that shared the £10,000 Jubilee Fund in 2016

Mike Hanson, chief executive of the Vernon, said: “When we set up the Jubilee Fund in 2012, we wanted it to make a difference to groups and volunteers in the Stockport area. “We also wanted a lasting legacy that carried on over many years.”

All applications will be reviewed and a shortlist of 16 finalists selected by the Jubilee Fund panel.

These 16 finalists will then be featured in the Stockport Express along with tokens for members of the public to vote for their preferred cause.

For the first time, people will also have the chance to register a vote online through the Society’s Facebook page.

Funding will then be allocated to groups in proportion to the votes they receive.

Each charity or community group will receive a minimum of £100, and the remaining £8,400 will then be divided by the total number of votes received to determine the value of each vote.

Katherine Vine, senior reporter at the Stockport Express, said: “It is exciting to be once again opening the Jubilee Fund up for nominations, and I look forward to seeing the applications. “This is a great scheme that so many can benefit from.”